Australian Leisure & Hospitality Group Limited 02 - Panel Publishes Reasons

Release number

TP04/085

The Takeovers Panel (the Panel) has today published the reasons for its decision in relation the application from Bruandwo Pty Ltd dated 27 August 2004 alleging unacceptable circumstances in relation to Bruandwo’s bid for all of the ordinary shares in Australian Leisure & Hospitality Group Limited.

Details of the Panel’s decision were announced on 8 September 2004 in Panel media release TP04/81, available on the Panel’s website at: Media Releases.

The sitting Panel was Elizabeth Alexander, Jennifer Seabrook and Ian Ramsay.

The reasons of the Panel are available on the Panel’s website at: Decisions.

Nigel Morris
Director, Takeovers Panel
Level 47 Nauru House, 80 Collins Street
Melbourne VIC 3000
Ph: +61 3 9655 3501
nigel.morris@takeovers.gov.au